The Latest Breaking News from Recession

Though the U.S. economy bounced back after shrinking in the first half of the year, falling consumer spending and the rate hikes to tame high inflation might lead the economy into a recession. Hence, investors looking for passive income could invest in fundamentally sound dividend-paying stocks Pfizer (PFE), Sanofi (SNY),…

FRANKFURT: Germany's economy unexpectedly grew in the third quarter, official data showed Friday, but slowing growth in France and Spain added to fears that high inflation and an energy crisis will tip the region into recession.

Britain’s top four high street lenders have set aside towards £2.5 billion this week to deal with bad debts, a clear sign that the bankers are preparing for a recession.

Retail sales rose last month, with consumers showing resilience. However, the persistently high inflation and growing recession concerns are prompting consumers to cut back on discretionary spending. While investors looking for retail investments could consider buying Dillard’s (DDS) and Movado (MOV), we think Gap (GPS) and RealReal (REAL) might be…

Universal Orlando and Universal’s other theme parks continued to improve parent company Comcast’s earnings last quarter, but a top executive on Thursday nonetheless raised the possibility of layoffs and other cost-cutting across the company in preparation for a potential recession next year.

WASHINGTON — The latest U.S. economic data shows that the economy “is continuing to power forward” and is not in a recession, President Joe Biden said.

Failure to prosecute those responsible for the 2008 financial meltown made a mockery of the criminal-justice system.

Investing in dividend exchange-traded funds (ETFs) can be a simple way to earn passive income on a relatively risk-adjusted basis. During recessions, blue chip dividend stocks with strong fundamentals tend to fare well compared to growth investments.

The U.S. Bureau of Economic Analysis reports that GDP grew 0.6 percent in the third quarter of 2022.

Payments major Visa (V) delivered strong earnings in the last quarter, but the company’s outlook for fiscal 2023 appeared unreasonable to many analysts. So, will it be wise to buy the stock for the fourth quarter? Read on to learn our view….

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation